The founders of analytics firm Glassnode believe that altcoins are getting closer to outperforming Bitcoin (BTC). Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on social media platform X that altseason could be coming if Bitcoin breaks its all-time high (ATH) of around $74,000. “Altcoins have followed Bitcoin’s bullish momentum. It looks like we are on the verge of an altcoin season. When BTC breaks its ATH and enters uncharted territory, we will experience it intensely.” Analysts suggest that the upcoming altseason could be part of a broader cryptocurrency market rally, with all…
Author: Crypto Flexs
Read More
Jessie A Ellis 25 Sep 2024 06:23 Deepak Chopra’s voice is now available on the ElevenLabs Reader app, providing a new way for users around the world to access his teachings. According to ElevenLabs, the voice of world-renowned author Deepak Chopra is now available to all users on the ElevenLabs Reader app. This collaboration allows listeners around the world to engage with Chopra’s teachings through a new auditory experience. Deepak Chopra’s Digital Integration In June, Deepak Chopra launched ‘Digital Deepak’, a chatbot trained on his writings and videos, allowing students to ask personalized questions…
September 25th Bitfinex Alpha 123 | Expected BTC Accumulation After Rate Cut Posted at 05:46h On Bitfinex Alpha By Tammy Bitcoin had a spectacular ‘upstream’ when the Fed decided to cut rates, rising more than 22% to reach a ‘new peak’ of $64,200 on September 20th. However, BTC has still ‘stubbornly’ failed to break above its ‘stubborn’ peak of $65,200 on August 25th. A failure to break above would confirm Bitcoin’s downtrend since March, with each new high lower than the previous one. It is also concerning that despite the recent price increase, BTC’s open interest levels have surpassed its…
Crypto influencer Lady of Crypto’s strategy is not to hold on. She plans to cash out her entire crypto portfolio next year. In a conversation with Hall of Flame at Token2049 in Singapore, the Lady of Crypto said, “I plan to sell all of my crypto by September. I plan to sell 100%.” “Everyone looks at me like I’m crazy,” the anonymous figure laughs, sinking into a comfortable chair on the 40th floor of the Westin Hotel. She may have her reasons, but don’t worry, she didn’t fall for the dark forces and pour her money into something safe and…
Simon’s Cat (CAT) entered the price discovery phase and recorded an ATH on September 21. Key technical indicators suggest a near-term recession is possible. Simon’s Cat (CAT) recently entered price discovery mode, hitting a new ATH of $0.0000464 on September 21. The meme coin saw an exponential rally but slowed down after breaking out of a short-term rising wedge structure. At the time of writing, CAT was trading at $0.0000391, down about 6.5% in the last 24 hours after witnessing a bearish breakout. Simon’s Cat Price Prediction: Can RSI Fuel a Short-Term Rally? Like most meme coins, CAT experienced a…
The Bitcoin Puell Multiple, a key on-chain metric used to gauge the profitability of Bitcoin miners, is currently signaling a potential bullish reversal for the major cryptocurrency. According to a CryptoQuant analyst using the pseudonym Darkfost, the indicator recently fell into the “green zone,” a signal historically associated with rising Bitcoin prices. The analyst shared this insight on the CryptoQuant QuickTake platform earlier today. A detailed explanation of the Green Zone and its impact on Bitcoin prices The Puell Multiple measures the relationship between a Bitcoin miner’s short-term returns and the average returns over the past year. By comparing these…
The U.S. Securities and Exchange Commission (SEC) has delayed its decision to allow options trading on BlackRock and Bitwise’s spot Ethereum (ETH) exchange-traded funds (ETFs) until mid-November, according to a filing on September 24.The new deadlines for BlackRock and Bitwise are November 10 and November 11, respectively. The SEC said it needed more time to consider the proposal, extending BlackRock’s initial 45-day review period that was originally set to end on September 26 after Nasdaq filed a rule change for the iShares Ethereum Trust ETF on July 22.The same reasoning applied to Bitwise’s ETHW, whose proposed rule change was submitted…
Rebecca Moen 25 Sep 2024 05:04 In this article, we take a closer look at the role of binary fields in SNARKs, highlighting their effectiveness in cryptographic operations and their potential for future development. Binary fields have long been the cornerstone of cryptography, providing efficient operations on digital systems. The importance of binary fields has grown with the development of SNARKs (Succinct Non-Interactive Arguments of Knowledge), which utilize fields for complex computations and proofs. According to taiko.mirror.xyz, recent trends focus on reducing the field size of SNARKs to increase efficiency, using structures such as…
Cardano’s Voltaire-era governance overhaul prevents it from becoming a “dictatorship” like Ethereum and avoids Bitcoin’s “anarchy,” says founder Charles Hoskinson. In an interview with Cointelegraph from Singapore, Hoskinson attacked Ethereum’s current governance model, claiming it is overly reliant on Ethereum co-founder Vitalik Buterin.Hoskinson says blockchains can either keep their protocols simple forever, like Bitcoin, or “choose a king” to run things. But Cardano’s new governance model addresses the “governance triad” of “efficiency, effectiveness, and integrity” by distilling complex governance topics for voting using delegated representatives and a membership-based organization called Intersect. “If you have those three things, you have a…
Dogwifhat (WIF), a Solana-based mimecoin, has surged 15% in the past 24 hours to hit a high of $1.98 on September 24. The rally comes after the WIF price fell 60% from its all-time high of $4.85 six months ago.According to data from Cointelegraph Markets Pro and TradingView, WIF rose 37% from its low of $1.44 on September 18 to trade at $1.96 on September 24.WIF/USD daily chart. Source: TradingViewIn comparison, the total market cap of memecoins increased by 0.33% to $2.3 trillion, with most of the largest memecoins by market cap posting gains on September 24, according to data…